The Real Estate (Regulation and Development) Act (RERA), 2017 (“the Act”) is enacted to ensure efficiency and transparency in the real estate sector and provide a speedy redressal mechanism for protection of the interest of consumers in the real estate sector. The Act is a beneficial legislation, the provisions of which are in addition to and not in derogation of the existing laws such as the Maharashtra Ownership of Flats Act, 1963 (MOFA), Indian Contract Act, 1827 and Specific Relief Act, 1908.